Summary
The Credit Analyst will report to a New York based Portfolio Manager and will focus on fundamental bottoms-up research to generate commercial trade ideas across the liquid High Yield universe.
Job Description
- Conduct rigorous, fundamental bottoms-up credit research to identify attractive long/short investment opportunities. This will entail credit analysis, financial modelling, documentation reviews, etc.
- Analyze businesses and capital structures (Loans, Bonds, CDS) across High Yield, Distressed, and High-Grade credit markets and develop credit opinions working with the PM and other analysts in the team.
- Synthesize market information and develop thematic trade ideas across sectors.
- Develop differentiated investment views from consensus and push conviction or contrarian viewpoints.
- Monitor existing positions, including news flow, fundamental developments, and supply.
- Engage and maintain external relationships (with sell-side research, syndicate, company management, ratings agencies, etc.) to develop views on issuers.
Qualifications
- 5+ years of experience in credit research on either the buy-side or sell-side.
- Outstanding skills in conducting fundamental credit research, including financial modelling and relative value analysis.
- High degree of familiarity with different credit securities, including bonds and CDS.
- Comfort dealing with uncertainty and ability to express conviction.
- Desire to take risk and accountability of their decisions.
- Self-motivated, team orientated, and highly collaborative.
- Commitment to the highest ethical standards.
The annual base salary range for this role is $150,000-$200,000 (USD) , which does not include discretionary bonus compensation or our comprehensive benefits package. Actual compensation offered to the successful candidate may vary from posted hiring range based upon geographic location, work experience, education, and/or skill level, among other things.
